The following transactions are for Cullumber Company. 1. On December 3, Cullumber Company sold $658,300 of merchandise to Bramble Co3 on account, terms 1/10,n/30,FOB destination. Cullumber paid $330 for freight charges. The cost of the merchandise sold was $380,200. 2. On December 8 , Bramble Co. was granted an allowance of $22,300 for merchandise purchased on December 3. 3. On December 13, Cullumber Company received the balance due from Bramble Co. (a) Prepare the journal entries to record these transactions on the books of Cullumber Company using a perpetual inventory system. (List all debitentries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.)
Other questions asked by students
A gas expands from point A to B. The expansion consists of two stages. Stage 1) The...
1. If inflation is expected to be relatively low, then interest rates will tend to be...
Find an equation of the line with the givenslope that passes through the given point.Write...
(The following information applies to the questions displayed below.] On October 29, Lobo...
Need answer asap please! Will give thumbs up right away thanks. ...